Need an appraisal for an FHA-backed mortgage? Call Northbound Appraisals, LLCNorthbound Appraisals, LLC is NE state certified and on the FHA Roster of approved residential appraisers. Northbound Appraisals, LLC is qualified and approved to do reports for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are created to aid low-to-moderate income consumers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting money to put down on a financial transaction are helped the most from Federal Housing Administration loan programs. |